Stereotaxis Stock Price on August 22, 2024

STXS Stock  USD 2.21  0.04  1.84%   
Below is the normalized historical share price chart for Stereotaxis extending back to August 12, 2004. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Stereotaxis stands at 2.21, as last reported on the 11th of December 2024, with the highest price reaching 2.21 and the lowest price hitting 2.17 during the day.
IPO Date
12th of August 2004
200 Day MA
2.1571
50 Day MA
2.0258
Beta
1.551
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Stereotaxis Stock, it is important to understand the factors that can impact its price. Currently, Stereotaxis is very risky. Stereotaxis owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0223, which indicates the firm had a 0.0223% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Stereotaxis, which you can use to evaluate the volatility of the company. Please validate Stereotaxis' Coefficient Of Variation of 4900.08, semi deviation of 3.27, and Risk Adjusted Performance of 0.0231 to confirm if the risk estimate we provide is consistent with the expected return of 0.0988%.
  
At this time, Stereotaxis' Common Stock Shares Outstanding is comparatively stable compared to the past year. Other Stockholder Equity is likely to gain to about 581.6 M in 2024, whereas Liabilities And Stockholders Equity is likely to drop slightly above 33.6 M in 2024. . At this time, Stereotaxis' Price Book Value Ratio is comparatively stable compared to the past year. Price To Book Ratio is likely to gain to 7.32 in 2024, despite the fact that Price Earnings Ratio is likely to grow to (6.48). Stereotaxis Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0223

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskSTXSHuge Risk
Negative Returns

Estimated Market Risk

 4.42
  actual daily
39
61% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Stereotaxis is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Stereotaxis by adding it to a well-diversified portfolio.
Price Book
17.2358
Enterprise Value Ebitda
(10.06)
Price Sales
7.4138
Shares Float
58 M
Wall Street Target Price
4.5

Stereotaxis Valuation on August 22, 2024

It is possible to determine the worth of Stereotaxis on a given historical date. On August 22, 2024 Stereotaxis was worth 2.23 at the beginning of the trading date compared to the closed value of 2.25. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stereotaxis stock. Still, in general, we apply an absolute valuation method to find Stereotaxis' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Stereotaxis where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stereotaxis' related companies.
 Open High Low Close Volume
  2.03    2.25    2.03    2.21    675,795  
08/22/2024
  2.23    2.36    2.23    2.25    376,952  
  2.30    2.31    2.25    2.29    259,364  
Backtest Stereotaxis  |  Stereotaxis History  |  Stereotaxis Valuation   PreviousNext  
Open Value
2.23
2.25
Closing Value
15.50
Upside

Stereotaxis Trading Date Momentum on August 22, 2024

On August 23 2024 Stereotaxis was traded for  2.29  at the closing time. The top price for the day was 2.31  and the lowest listed price was  2.25 . The trading volume for the day was 259.4 K. The trading history from August 23, 2024 was a factor to the next trading day price appreciation. The trading price change against the next closing price was 1.78% . The trading price change against the current closing price is 1.33% .

Stereotaxis Fundamentals Correlations and Trends

By evaluating Stereotaxis' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Stereotaxis' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stereotaxis financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Stereotaxis Stock history

Stereotaxis investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Stereotaxis is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stereotaxis will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Stereotaxis stock prices may prove useful in developing a viable investing in Stereotaxis
Last ReportedProjected for Next Year
Common Stock Shares Outstanding80.7 M84.7 M
Net Loss-22.6 M-23.7 M

Stereotaxis Quarterly Net Working Capital

8.09 Million

Stereotaxis Stock Technical Analysis

Stereotaxis technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Stereotaxis technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Stereotaxis trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Stereotaxis Period Price Range

Low
December 11, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Stereotaxis cannot be verified against its exchange. Please verify the symbol is currently traded on NYSE MKT Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Stereotaxis December 11, 2024 Market Strength

Market strength indicators help investors to evaluate how Stereotaxis stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stereotaxis shares will generate the highest return on investment. By undertsting and applying Stereotaxis stock market strength indicators, traders can identify Stereotaxis entry and exit signals to maximize returns

Stereotaxis Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Stereotaxis' price direction in advance. Along with the technical and fundamental analysis of Stereotaxis Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stereotaxis to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Stereotaxis Stock Analysis

When running Stereotaxis' price analysis, check to measure Stereotaxis' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stereotaxis is operating at the current time. Most of Stereotaxis' value examination focuses on studying past and present price action to predict the probability of Stereotaxis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stereotaxis' price. Additionally, you may evaluate how the addition of Stereotaxis to your portfolios can decrease your overall portfolio volatility.